Wednesday
,
19 Nov 2008
The American Coal Company has accused MSHA of violating federal law and MSHA’s own rules in mine inspections, demonstrating “a clear pattern of disregard for both the spirit and intent of the law”.
Tuesday
,
18 Nov 2008
Petro-Canada is delaying an investment decision on the Fort Hills oil sands mine project and also on the associated upgrader as it waits for costs to come down.
Tuesday
,
18 Nov 2008
Cliffs Natural Resources has terminated plans to acquire Alpha Natural Resources, and will pay $70 million to settle litigation fees for the two companies.
Thursday
,
13 Nov 2008
A recent 10th Circuit Court of appeal decision involving a Utah coal company and a Missouri utility has resurrected media curiosity over the substantial business holdings of a modern-day polygamous family.
Monday
,
03 Nov 2008
Global investor portfolio flows show an especial appetite for uranium names, from established producers like ERA, to stocks which had all but been wiped out, like Xemplar. Tables included.
Friday
,
31 Oct 2008
BHP Billiton has outlined its expansion programme for is enormous Olympic Dam operation in South Australia setting out a timeline for the first time.
Tuesday
,
28 Oct 2008
While Arch Coal’s year-to-date earnings are more than triple than those reported a year ago, a softening economy has convinced Arch to lower its earnings guidance by 20 to 30-cents per share.
Friday
,
24 Oct 2008
Russian coal mining and steel company, Mechel, is to re-introduce its plan to revive a preferred share issue which had been shelved in August after verbal attacks by Russian Prime Minister Vladimir Putin.
Friday
,
24 Oct 2008
The lower oil price and the global financial meltdown have led to some of Canada’s oil sands miners to defer or slow down planned new projects and expansions.
Thursday
,
23 Oct 2008
CEO Jean Nortier says the company has sufficient cash to see through its projects in the US and Kazakhstan. They are yet to announce the group's cash burn rate.
Tuesday
,
21 Oct 2008
Miranda Coal talks to Mineweb about its high grade bituminous and anthracite coal project in South Africa’s KwaZulu-Natal province after resources are confirmed.
Monday
,
20 Oct 2008
Czech coal mining group New World Resources considers an investment in the Ukraine’s Ferrexpo to be a relatively inexpensive option to get access to the Ukraine’s vast ore reserves.
Monday
,
20 Oct 2008
The head of the International Atomic Energy Agency says the technological innovation of today’s nuclear renaissance is aiming for inherently safe, proliferation-resistant and more-cost effective nuclear power.
Friday
,
17 Oct 2008
Withdrawal of Mikhail Prokhorov’s Onexim holding company from a proposed share buyout of power generator TGK-4 may lead to suits from investors both in Russia and in other jurisdictions.
Friday
,
17 Oct 2008
Uranium Equities Ltd says it has multiple targets for “immediate testing” on a licence covering the old Nabarlek uranium mine in the Alligator Rivers region of Australia’s Northern Territory.
Wednesday
,
15 Oct 2008
Although company expects coal prices to stay high, major U.S. coal miner Consol reckons it will have to hold off on new mine projects for the time being because of credit crunch.
Wednesday
,
15 Oct 2008
After months of ownership wrangles, TNK-BP has started up its new Verkhnechonsk oilfield with first deliveries into Transnet’s new Asian pipeline.
Wednesday
,
15 Oct 2008
Canadian Prime Minister Stephen Harper and his Conservative Government easily won re-election Tuesday, which may prove a positive political development for the Canadian mining sector.
Monday
,
13 Oct 2008
Federal officials are seeking to abolish a rule that allowed the House Natural Resources Committee to try to block uranium mining and exploration around the Grand Canyon.
Thursday
,
09 Oct 2008
MSHA claims that Murray Energy subsidiary American Coal repeatedly flouted safety regulations, resulting in $1.46 million in fines, the second time this year Murray has been hit with substantial fines.
Thursday
,
09 Oct 2008
With nearly 250 years of domestic reserves, Old King Coal still offers cheap power and energy security for the U.S. However, price surges, volatility and climate change politics are clouding coal’s future.
